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Sesame, a conversational AI startup and smart glasses maker, has raised a $250 million Series B round and is opening up its beta to a select group of testers, the company announced Tuesday. The startup, headed by former Oculus co-founder and CEO Brendan Iribe and Ankit Kumar, former CTO of AR startup Ubiquity6, is working…
LangChain raised $125 million at a $1.25 billion valuation, the company announced on Monday. TechCrunch reported in July that the provider of a popular open source framework for building AI agents was raising fresh funds at a valuation of at least $1 billion. The deal was led by IVP, as we previously reported. New investors…
As the entertainment industry reckons with when and how to use generative AI in filmmaking, Netflix is leaning in. In its quarterly earnings report released on Tuesday afternoon, Netflix wrote in its letter to investors that it is “very well positioned to effectively leverage ongoing advances in AI.” Netflix isn’t planning to use generative AI…
After earlier this year launching a marketplace that allows websites to charge AI bots for scraping their content, web infrastructure provider Cloudflare is pushing for increased regulation in the AI sector. The company’s chief executive Matthew Prince says he’s in London to speak with the U.K.’s Competition and Markets Authority (CMA), where he’s proposing stricter…
OpenAI announced Tuesday the launch of its AI-powered browser, ChatGPT Atlas, a major step in the company’s quest to unseat Google as the main way people find information online. The company says Atlas will first roll out on MacOS, with support for Windows, iOS and Android coming soon. OpenAI says the product will be available…
Industry watchers welcomed the idea of “skinny” master accounts as another sign of the end of crypto’s banking troubles, in what insiders describe as “Operation Chokepoint 2.0.” The US Federal Reserve is considering the introduction of a new type of payment account that would make it easier for smaller companies to participate in the central…
For most enterprise companies, AI is either a promise that has yet to deliver or a security risk. The effort of Lithuania’s most famous entrepreneur duo to solve that conundrum has garnered attention — and funding. Just months after Nexos.ai came out of stealth with an $8 million funding round led by Index Ventures, Nord…
In a region long defined by fragmented enterprise systems, outdated compliance tools, and HR software that rarely talks to finance, Cercli is building a unified alternative for MENA businesses with AI at its core. The Dubai-based startup, founded by ex-Careem operators Akeed Azmi and David Reche, has announced an oversubscribed $12 million Series A round led by…
Periodic Labs, a new startup by one of OpenAI’s most respected researchers, Liam Fedus, and his former Google Brain colleague, Ekin Dogus Cubuk, came out of stealth last month with an enormous $300 million seed round. It was led by Felicis and included a who’s who of angels and other top VCs. The startup began…
Anthropic launched a web app on Monday for its viral AI coding assistant, Claude Code, which lets developers create and manage several AI coding agents from their browser. Claude Code for web is now rolling out to subscribers to Anthropic’s $20-per-month Pro plan, as well as its $100 and $200-per-month Max plans. Pro and Max…